Property demand to remain despite anticipated OPR increase

From left: AmBank Group group CEO Datuk Sulaiman Mohd Tahir, AmBank Group managing director of retail banking Aaron Loo Boon Seng, Sime Darby Property chief marketing & sales officer Datuk Lai Shu Wei and Sime Darby Property group managing director Datuk Azmir Merican.

KUALA LUMPUR: Sime Darby Property Bhd is optimistic that there will be a demand for properties despite the anticipated further rise in the overnight policy rate (OPR).

Managing director Datuk Azmir Merican said Malaysia is still within a reasonably good interest rate regime even if Bank Negara Malaysia (BNM) were to increase the OPR.